Goody's Family Clothing to liquidate next week -NY Post

Date : 01/06/2009 @ 6:12AM
Source : TFN
Stock : Whitehall Jewelers Holdings Inc (WHJH)
Quote : 0.15  0.0 (0.00%) @ 2:05AM
<< BackQuote Chart Financials

 

Goody's Family Clothing to liquidate next week -NY Post

Jan 6 (Reuters) - Apparel retailer Goody's Family Clothing will hold an auction to liquidate the chain early next week, the New York Post said, citing sources. The Knoxville, Tennessee-based retailer, which reorganised its business in October after spending four months under Chapter 11 bankruptcy protection, is being forced into liquidation by skittish lenders despite weeks of talks to keep the chain alive, the paper said, citing sources. The retailer filed for bankruptcy protection on June 9, saying it had been hurt by high gasoline and food prices that had forced consumers to cut back on nonessential purchases. The paper said the chain's demise is another blemish on the reputation of its owner, Prentice Capital, which also owns bankrupt retailers KB Toys and Whitehall Jewelers, and held a stake in now-defunct Steve & Barry's. Prentice Capital and Goody's could not be immediately reached by Reuters for comment. (Reporting by Ratul Ray Chaudhuri in Bangalore; editing by Simon Jessop) Keywords: GOODYS/ (ratul.raychaudhuri@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: ratul.raychaudhuri.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.


Whitehall Jewelers Holdings Inc Historical Chart Whitehall Jewelers Holdings Inc Intraday Chart  
Period


LSE and PLUS quotes are live. NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.
The Spread Bet Centre :: The CFD Centre :: Financial Glossary :: Forex Rates, Charts & News
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Request an Exchange :: Affiliate Scheme
Copyright 1999-2010 ADVFN PLC. Copyright Notice & Privacy Policy :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs
41 site:2us 100209 16:08